Brent Jones Acquires 1,000,000 Shares of Latin Resources Limited (ASX:LRS) Stock

Latin Resources Limited (ASX:LRS) insider Brent Jones acquired 1,000,000 shares of the stock in a transaction on Wednesday, May 1st. The stock was bought at an average cost of A$0.21 ($0.14) per share, for a total transaction of A$205,000.00 ($135,761.59).

Latin Resources Stock Performance

The company has a current ratio of 7.33, a quick ratio of 12.85 and a debt-to-equity ratio of 0.19.

Latin Resources Company Profile

Latin Resources Limited explores and develops mining projects in Australia, Peru, Argentina, and Brazil. The company primarily explores for lithium, copper, and gold deposits. Its flagship project is the Salinas Lithium project, which consists of approximately 38,000 hectares located in the district of Minas Gerais, Brazil.